Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatisation of the income that we all help to create. The result, reports Fred Harrison in Part 1 of The TreasonTrilogy, is a house of cards built on debt. He forecasts the next property boom/bust, and accuses politicians of betraying their duty of care to their people

published:27 Jul 2013

views:57546

On this week's episode of On Contact, Chris Hedges discusses the ramifications of casino culture in America with ProfessorNatasha Dow Schüll, author of " Addiction by Design: Machine Gambling in Las Vegas". RT Correspondent Anya Parampil examines how gambling has become our premier form of entertainment and escape.
Follow us on Facebookhttp://www.facebook.com/OnContactRT
Watch us online: http://www.rt.com/oncontact
FindRT America in your area: http://rt.com/where-to-watch/
Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/
Like us on Facebook http://www.facebook.com/RTAmerica
Follow us on Twitter http://twitter.com/RT_America

published:25 Mar 2017

views:22285

DemocracyNow.org - Black Monday is how economists are describing Monday’s market turmoil, which saw stock prices tumble across the globe, from China to Europe to the United States. China’s stock indices fell over 8 percent on Monday and another 7 percent today. On Wall Street, the Dow Jones Industrial Average initially fell a record 1,100 points before closing down nearly 600 points. The decline also caused oil prices to plunge to their lowest levels in almost six years. To make sense of what’s really behind the fluctuations in the market, we are joined by economist Michael Hudson, president of the Institute for the Study of Long-Term Economic Trends, a Wall Street financial analyst and author of the book, "Killing the Host: How Financial Parasites and Debt BondageDestroy the GlobalEconomy."
Democracy Now!, is an independent global news hour that airs weekdays on 1,300+ TV and radio stations Monday through Friday. Watch our livestream 8-9am ET: http://democracynow.org
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Outspoken former Reagan budget director and bestselling author David Stockman chats with Hedgeye CEOKeith McCullough in this no-holds-barred discussion about his new book, “Trumped.” Stockman pulls no punches on what believes is an out-of-control Federal Reserve, mutant markets and a vulnerable economy. According to Stockman, “The Fed has fallen so far down the Keynesian rabbit hole, it can’t see daylight.”

published:05 Oct 2016

views:7402

The budget brinkmanship has cost the world's largest economy billions of dollars - as well as the trust of investors around the globe. And it also sparked calls to de-americanize the world economy. For more, RT talks to Pepe Escobar, Asia Times Online roving correspondent.
FULL STORY: http://on.rt.com/kxmwnw
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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.

CSPAN Mar 10 2009, Bernanke reviews the the mistakes made in the First Great Depression, and takes a question from Arnaud de Borchgrave about whether capitalism has failed in that it has become a casino, divorced from productive activity with social utility. Bernanke analyzes the Great Depression, but doesnt criticize the casino aspects of Credit Default Swaps that led to the current situation. It seems obvious that the financial sector is a large machine with nothing real to invest in, as the real economy has been destroyed or offshored so the financial class are left to invent artificial 'innovations' aka derivatives that sucker in investors to invst in things of no real productive value, aka financial weapons of mass destruction.

published:12 Mar 2009

views:2664

In his book, ZombiePolitics and Culture in the Age of Casino Capitalism, author and scholar Henry Giroux connects the dots to prove his theory that our current system is informed by a "machinery of social and civil death" that chills "any vestige of a robust democracy."
This week on Moyers & Company, Giroux explains that such a machine turns "people who are basically so caught up with surviving that they become like the walking dead -- they lose their sense of agency, they lose their homes, they lose their jobs."
What's more, Giroux points out, the system that creates this vacuum has little to do with expanding the meaning and the substance of democracy itself. Under "casino capitalism," the goal is to get a quick return, taking advantage of a kind of logic in which the only thing that drives us is to put as much money as we can into a slot machine and hope we walk out with our wallets overflowing.
A cultural and social critic of tireless energy and vast interests, Giroux holds the Global TV NetworkChair in the English and Cultural StudiesDepartment at McMaster University and is a distinguished visiting professor at Reyerson University, both schools in Canada.

Documentary film

A documentary film is a nonfictionalmotion picture intended to document some aspect of reality, primarily for the purposes of instruction or maintaining a historical record. Such films were originally shot on film stock—the only medium available—but now include video and digital productions that can be either direct-to-video, made into a TV show or released for screening in cinemas. "Documentary" has been described as a "filmmaking practice, a cinematic tradition, and mode of audience reception" that is continually evolving and is without clear boundaries.

Defining documentary

In popular myth, the word documentary was coined by Scottish documentarian John Grierson in his review of Robert Flaherty's film Moana (1926), published in the New York Sun on 8 February 1926, written by "The Moviegoer" (a pen name for Grierson).

Grierson's principles of documentary were that cinema's potential for observing life could be exploited in a new art form; that the "original" actor and "original" scene are better guides than their fiction counterparts to interpreting the modern world; and that materials "thus taken from the raw" can be more real than the acted article. In this regard, Grierson's definition of documentary as "creative treatment of actuality" has gained some acceptance, with this position at variance with Soviet film-maker Dziga Vertov's provocation to present "life as it is" (that is, life filmed surreptitiously) and "life caught unawares" (life provoked or surprised by the camera).

Anatomy of casino capitalism

Treason Part 1: Casino Capitalism

Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatisation of the income that we all help to create. The result, reports Fred Harrison in Part 1 of The TreasonTrilogy, is a house of cards built on debt. He forecasts the next property boom/bust, and accuses politicians of betraying their duty of care to their people

25:49

On Contact: Casino Capitalism with Natasha Dow Schüll

On Contact: Casino Capitalism with Natasha Dow Schüll

On Contact: Casino Capitalism with Natasha Dow Schüll

On this week's episode of On Contact, Chris Hedges discusses the ramifications of casino culture in America with ProfessorNatasha Dow Schüll, author of " Addiction by Design: Machine Gambling in Las Vegas". RT Correspondent Anya Parampil examines how gambling has become our premier form of entertainment and escape.
Follow us on Facebookhttp://www.facebook.com/OnContactRT
Watch us online: http://www.rt.com/oncontact
FindRT America in your area: http://rt.com/where-to-watch/
Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/
Like us on Facebook http://www.facebook.com/RTAmerica
Follow us on Twitter http://twitter.com/RT_America

DemocracyNow.org - Black Monday is how economists are describing Monday’s market turmoil, which saw stock prices tumble across the globe, from China to Europe to the United States. China’s stock indices fell over 8 percent on Monday and another 7 percent today. On Wall Street, the Dow Jones Industrial Average initially fell a record 1,100 points before closing down nearly 600 points. The decline also caused oil prices to plunge to their lowest levels in almost six years. To make sense of what’s really behind the fluctuations in the market, we are joined by economist Michael Hudson, president of the Institute for the Study of Long-Term Economic Trends, a Wall Street financial analyst and author of the book, "Killing the Host: How Financial Parasites and Debt BondageDestroy the GlobalEconomy."
Democracy Now!, is an independent global news hour that airs weekdays on 1,300+ TV and radio stations Monday through Friday. Watch our livestream 8-9am ET: http://democracynow.org
Please consider supporting independent media by making a donation to Democracy Now! today: http://democracynow.org/donate
FOLLOW DEMOCRACY NOW! ONLINE:
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David Stockman Unplugged: ‘Casino Capitalism Fueling Mutant Markets’

Outspoken former Reagan budget director and bestselling author David Stockman chats with Hedgeye CEOKeith McCullough in this no-holds-barred discussion about his new book, “Trumped.” Stockman pulls no punches on what believes is an out-of-control Federal Reserve, mutant markets and a vulnerable economy. According to Stockman, “The Fed has fallen so far down the Keynesian rabbit hole, it can’t see daylight.”

5:20

Escobar: More shutdowns ahead as US ruled by casino capitalism

Escobar: More shutdowns ahead as US ruled by casino capitalism

Escobar: More shutdowns ahead as US ruled by casino capitalism

The budget brinkmanship has cost the world's largest economy billions of dollars - as well as the trust of investors around the globe. And it also sparked calls to de-americanize the world economy. For more, RT talks to Pepe Escobar, Asia Times Online roving correspondent.
FULL STORY: http://on.rt.com/kxmwnw
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.

Anatomy of casino capitalism Pt.2

Bernanke Lessons of First Great Depression, Survival of Casino Capitalism

Bernanke Lessons of First Great Depression, Survival of Casino Capitalism

Bernanke Lessons of First Great Depression, Survival of Casino Capitalism

CSPAN Mar 10 2009, Bernanke reviews the the mistakes made in the First Great Depression, and takes a question from Arnaud de Borchgrave about whether capitalism has failed in that it has become a casino, divorced from productive activity with social utility. Bernanke analyzes the Great Depression, but doesnt criticize the casino aspects of Credit Default Swaps that led to the current situation. It seems obvious that the financial sector is a large machine with nothing real to invest in, as the real economy has been destroyed or offshored so the financial class are left to invent artificial 'innovations' aka derivatives that sucker in investors to invst in things of no real productive value, aka financial weapons of mass destruction.

44:00

Henry Giroux on 'Zombie' Politics

Henry Giroux on 'Zombie' Politics

Henry Giroux on 'Zombie' Politics

In his book, ZombiePolitics and Culture in the Age of Casino Capitalism, author and scholar Henry Giroux connects the dots to prove his theory that our current system is informed by a "machinery of social and civil death" that chills "any vestige of a robust democracy."
This week on Moyers & Company, Giroux explains that such a machine turns "people who are basically so caught up with surviving that they become like the walking dead -- they lose their sense of agency, they lose their homes, they lose their jobs."
What's more, Giroux points out, the system that creates this vacuum has little to do with expanding the meaning and the substance of democracy itself. Under "casino capitalism," the goal is to get a quick return, taking advantage of a kind of logic in which the only thing that drives us is to put as much money as we can into a slot machine and hope we walk out with our wallets overflowing.
A cultural and social critic of tireless energy and vast interests, Giroux holds the Global TV NetworkChair in the English and Cultural StudiesDepartment at McMaster University and is a distinguished visiting professor at Reyerson University, both schools in Canada.

Anatomy of casino capitalism

Treason Part 1: Casino Capitalism

Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatisation of the income that we all help to create. The result, reports Fred Harrison in Part 1 of The TreasonTrilogy, is a house of cards built on debt. He forecasts the next property boom/bust, and accuses politicians of betraying their duty of care to their people

published: 27 Jul 2013

On Contact: Casino Capitalism with Natasha Dow Schüll

On this week's episode of On Contact, Chris Hedges discusses the ramifications of casino culture in America with ProfessorNatasha Dow Schüll, author of " Addiction by Design: Machine Gambling in Las Vegas". RT Correspondent Anya Parampil examines how gambling has become our premier form of entertainment and escape.
Follow us on Facebookhttp://www.facebook.com/OnContactRT
Watch us online: http://www.rt.com/oncontact
FindRT America in your area: http://rt.com/where-to-watch/
Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/
Like us on Facebook http://www.facebook.com/RTAmerica
Follow us on Twitter http://twitter.com/RT_America

David Stockman Unplugged: ‘Casino Capitalism Fueling Mutant Markets’

Outspoken former Reagan budget director and bestselling author David Stockman chats with Hedgeye CEOKeith McCullough in this no-holds-barred discussion about his new book, “Trumped.” Stockman pulls no punches on what believes is an out-of-control Federal Reserve, mutant markets and a vulnerable economy. According to Stockman, “The Fed has fallen so far down the Keynesian rabbit hole, it can’t see daylight.”

published: 05 Oct 2016

Escobar: More shutdowns ahead as US ruled by casino capitalism

The budget brinkmanship has cost the world's largest economy billions of dollars - as well as the trust of investors around the globe. And it also sparked calls to de-americanize the world economy. For more, RT talks to Pepe Escobar, Asia Times Online roving correspondent.
FULL STORY: http://on.rt.com/kxmwnw
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Instagram http://instagram.com/rt
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.

Anatomy of casino capitalism Pt.2

Bernanke Lessons of First Great Depression, Survival of Casino Capitalism

CSPAN Mar 10 2009, Bernanke reviews the the mistakes made in the First Great Depression, and takes a question from Arnaud de Borchgrave about whether capitalism has failed in that it has become a casino, divorced from productive activity with social utility. Bernanke analyzes the Great Depression, but doesnt criticize the casino aspects of Credit Default Swaps that led to the current situation. It seems obvious that the financial sector is a large machine with nothing real to invest in, as the real economy has been destroyed or offshored so the financial class are left to invent artificial 'innovations' aka derivatives that sucker in investors to invst in things of no real productive value, aka financial weapons of mass destruction.

published: 12 Mar 2009

Henry Giroux on 'Zombie' Politics

In his book, ZombiePolitics and Culture in the Age of Casino Capitalism, author and scholar Henry Giroux connects the dots to prove his theory that our current system is informed by a "machinery of social and civil death" that chills "any vestige of a robust democracy."
This week on Moyers & Company, Giroux explains that such a machine turns "people who are basically so caught up with surviving that they become like the walking dead -- they lose their sense of agency, they lose their homes, they lose their jobs."
What's more, Giroux points out, the system that creates this vacuum has little to do with expanding the meaning and the substance of democracy itself. Under "casino capitalism," the goal is to get a quick return, taking advantage of a kind of logic in which the only thing that ...

Treason Part 1: Casino Capitalism

Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatisation of the income that we all hel...

Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatisation of the income that we all help to create. The result, reports Fred Harrison in Part 1 of The TreasonTrilogy, is a house of cards built on debt. He forecasts the next property boom/bust, and accuses politicians of betraying their duty of care to their people

Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatisation of the income that we all help to create. The result, reports Fred Harrison in Part 1 of The TreasonTrilogy, is a house of cards built on debt. He forecasts the next property boom/bust, and accuses politicians of betraying their duty of care to their people

On this week's episode of On Contact, Chris Hedges discusses the ramifications of casino culture in America with ProfessorNatasha Dow Schüll, author of " Addiction by Design: Machine Gambling in Las Vegas". RT Correspondent Anya Parampil examines how gambling has become our premier form of entertainment and escape.
Follow us on Facebookhttp://www.facebook.com/OnContactRT
Watch us online: http://www.rt.com/oncontact
FindRT America in your area: http://rt.com/where-to-watch/
Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/
Like us on Facebook http://www.facebook.com/RTAmerica
Follow us on Twitter http://twitter.com/RT_America

On this week's episode of On Contact, Chris Hedges discusses the ramifications of casino culture in America with ProfessorNatasha Dow Schüll, author of " Addiction by Design: Machine Gambling in Las Vegas". RT Correspondent Anya Parampil examines how gambling has become our premier form of entertainment and escape.
Follow us on Facebookhttp://www.facebook.com/OnContactRT
Watch us online: http://www.rt.com/oncontact
FindRT America in your area: http://rt.com/where-to-watch/
Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/
Like us on Facebook http://www.facebook.com/RTAmerica
Follow us on Twitter http://twitter.com/RT_America

DemocracyNow.org - Black Monday is how economists are describing Monday’s market turmoil, which saw stock prices tumble across the globe, from China to Europe t...

DemocracyNow.org - Black Monday is how economists are describing Monday’s market turmoil, which saw stock prices tumble across the globe, from China to Europe to the United States. China’s stock indices fell over 8 percent on Monday and another 7 percent today. On Wall Street, the Dow Jones Industrial Average initially fell a record 1,100 points before closing down nearly 600 points. The decline also caused oil prices to plunge to their lowest levels in almost six years. To make sense of what’s really behind the fluctuations in the market, we are joined by economist Michael Hudson, president of the Institute for the Study of Long-Term Economic Trends, a Wall Street financial analyst and author of the book, "Killing the Host: How Financial Parasites and Debt BondageDestroy the GlobalEconomy."
Democracy Now!, is an independent global news hour that airs weekdays on 1,300+ TV and radio stations Monday through Friday. Watch our livestream 8-9am ET: http://democracynow.org
Please consider supporting independent media by making a donation to Democracy Now! today: http://democracynow.org/donate
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DemocracyNow.org - Black Monday is how economists are describing Monday’s market turmoil, which saw stock prices tumble across the globe, from China to Europe to the United States. China’s stock indices fell over 8 percent on Monday and another 7 percent today. On Wall Street, the Dow Jones Industrial Average initially fell a record 1,100 points before closing down nearly 600 points. The decline also caused oil prices to plunge to their lowest levels in almost six years. To make sense of what’s really behind the fluctuations in the market, we are joined by economist Michael Hudson, president of the Institute for the Study of Long-Term Economic Trends, a Wall Street financial analyst and author of the book, "Killing the Host: How Financial Parasites and Debt BondageDestroy the GlobalEconomy."
Democracy Now!, is an independent global news hour that airs weekdays on 1,300+ TV and radio stations Monday through Friday. Watch our livestream 8-9am ET: http://democracynow.org
Please consider supporting independent media by making a donation to Democracy Now! today: http://democracynow.org/donate
FOLLOW DEMOCRACY NOW! ONLINE:
Facebook: http://facebook.com/democracynow
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Outspoken former Reagan budget director and bestselling author David Stockman chats with Hedgeye CEOKeith McCullough in this no-holds-barred discussion about his new book, “Trumped.” Stockman pulls no punches on what believes is an out-of-control Federal Reserve, mutant markets and a vulnerable economy. According to Stockman, “The Fed has fallen so far down the Keynesian rabbit hole, it can’t see daylight.”

Outspoken former Reagan budget director and bestselling author David Stockman chats with Hedgeye CEOKeith McCullough in this no-holds-barred discussion about his new book, “Trumped.” Stockman pulls no punches on what believes is an out-of-control Federal Reserve, mutant markets and a vulnerable economy. According to Stockman, “The Fed has fallen so far down the Keynesian rabbit hole, it can’t see daylight.”

Escobar: More shutdowns ahead as US ruled by casino capitalism

The budget brinkmanship has cost the world's largest economy billions of dollars - as well as the trust of investors around the globe. And it also sparked calls...

The budget brinkmanship has cost the world's largest economy billions of dollars - as well as the trust of investors around the globe. And it also sparked calls to de-americanize the world economy. For more, RT talks to Pepe Escobar, Asia Times Online roving correspondent.
FULL STORY: http://on.rt.com/kxmwnw
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
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Follow us on Instagram http://instagram.com/rt
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.

The budget brinkmanship has cost the world's largest economy billions of dollars - as well as the trust of investors around the globe. And it also sparked calls to de-americanize the world economy. For more, RT talks to Pepe Escobar, Asia Times Online roving correspondent.
FULL STORY: http://on.rt.com/kxmwnw
RT LIVE http://rt.com/on-air
Subscribe to RT! http://www.youtube.com/subscription_center?add_user=RussiaToday
Like us on Facebook http://www.facebook.com/RTnews
Follow us on Twitter http://twitter.com/RT_com
Follow us on Instagram http://instagram.com/rt
Follow us on Google+ http://plus.google.com/+RT
RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.

CSPAN Mar 10 2009, Bernanke reviews the the mistakes made in the First Great Depression, and takes a question from Arnaud de Borchgrave about whether capitalism has failed in that it has become a casino, divorced from productive activity with social utility. Bernanke analyzes the Great Depression, but doesnt criticize the casino aspects of Credit Default Swaps that led to the current situation. It seems obvious that the financial sector is a large machine with nothing real to invest in, as the real economy has been destroyed or offshored so the financial class are left to invent artificial 'innovations' aka derivatives that sucker in investors to invst in things of no real productive value, aka financial weapons of mass destruction.

CSPAN Mar 10 2009, Bernanke reviews the the mistakes made in the First Great Depression, and takes a question from Arnaud de Borchgrave about whether capitalism has failed in that it has become a casino, divorced from productive activity with social utility. Bernanke analyzes the Great Depression, but doesnt criticize the casino aspects of Credit Default Swaps that led to the current situation. It seems obvious that the financial sector is a large machine with nothing real to invest in, as the real economy has been destroyed or offshored so the financial class are left to invent artificial 'innovations' aka derivatives that sucker in investors to invst in things of no real productive value, aka financial weapons of mass destruction.

In his book, ZombiePolitics and Culture in the Age of Casino Capitalism, author and scholar Henry Giroux connects the dots to prove his theory that our current system is informed by a "machinery of social and civil death" that chills "any vestige of a robust democracy."
This week on Moyers & Company, Giroux explains that such a machine turns "people who are basically so caught up with surviving that they become like the walking dead -- they lose their sense of agency, they lose their homes, they lose their jobs."
What's more, Giroux points out, the system that creates this vacuum has little to do with expanding the meaning and the substance of democracy itself. Under "casino capitalism," the goal is to get a quick return, taking advantage of a kind of logic in which the only thing that drives us is to put as much money as we can into a slot machine and hope we walk out with our wallets overflowing.
A cultural and social critic of tireless energy and vast interests, Giroux holds the Global TV NetworkChair in the English and Cultural StudiesDepartment at McMaster University and is a distinguished visiting professor at Reyerson University, both schools in Canada.

In his book, ZombiePolitics and Culture in the Age of Casino Capitalism, author and scholar Henry Giroux connects the dots to prove his theory that our current system is informed by a "machinery of social and civil death" that chills "any vestige of a robust democracy."
This week on Moyers & Company, Giroux explains that such a machine turns "people who are basically so caught up with surviving that they become like the walking dead -- they lose their sense of agency, they lose their homes, they lose their jobs."
What's more, Giroux points out, the system that creates this vacuum has little to do with expanding the meaning and the substance of democracy itself. Under "casino capitalism," the goal is to get a quick return, taking advantage of a kind of logic in which the only thing that drives us is to put as much money as we can into a slot machine and hope we walk out with our wallets overflowing.
A cultural and social critic of tireless energy and vast interests, Giroux holds the Global TV NetworkChair in the English and Cultural StudiesDepartment at McMaster University and is a distinguished visiting professor at Reyerson University, both schools in Canada.

Treason Part 1: Casino Capitalism

Adam Smith branded those who pocketed the nation's rents as "The Public Enemy". But today, governments celebrate the privatisation of the income that we all help to create. The result, reports Fred Harrison in Part 1 of The TreasonTrilogy, is a house of cards built on debt. He forecasts the next property boom/bust, and accuses politicians of betraying their duty of care to their people

25:49

On Contact: Casino Capitalism with Natasha Dow Schüll

On this week's episode of On Contact, Chris Hedges discusses the ramifications of casino c...

On Contact: Casino Capitalism with Natasha Dow Schüll

On this week's episode of On Contact, Chris Hedges discusses the ramifications of casino culture in America with ProfessorNatasha Dow Schüll, author of " Addiction by Design: Machine Gambling in Las Vegas". RT Correspondent Anya Parampil examines how gambling has become our premier form of entertainment and escape.
Follow us on Facebookhttp://www.facebook.com/OnContactRT
Watch us online: http://www.rt.com/oncontact
FindRT America in your area: http://rt.com/where-to-watch/
Find RT America in your area: http://rt.com/where-to-watch/
Or watch us online: http://rt.com/on-air/rt-america-air/
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DemocracyNow.org - Black Monday is how economists are describing Monday’s market turmoil, which saw stock prices tumble across the globe, from China to Europe to the United States. China’s stock indices fell over 8 percent on Monday and another 7 percent today. On Wall Street, the Dow Jones Industrial Average initially fell a record 1,100 points before closing down nearly 600 points. The decline also caused oil prices to plunge to their lowest levels in almost six years. To make sense of what’s really behind the fluctuations in the market, we are joined by economist Michael Hudson, president of the Institute for the Study of Long-Term Economic Trends, a Wall Street financial analyst and author of the book, "Killing the Host: How Financial Parasites and Debt BondageDestroy the GlobalEconomy."
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4:54

What's Wrong With Capitalism?

Short video considering three of the biggest problems in contemporary capitalism: Vulture ...

David Stockman Unplugged: ‘Casino Capitalism Fueling Mutant Markets’

Outspoken former Reagan budget director and bestselling author David Stockman chats with Hedgeye CEOKeith McCullough in this no-holds-barred discussion about his new book, “Trumped.” Stockman pulls no punches on what believes is an out-of-control Federal Reserve, mutant markets and a vulnerable economy. According to Stockman, “The Fed has fallen so far down the Keynesian rabbit hole, it can’t see daylight.”

5:20

Escobar: More shutdowns ahead as US ruled by casino capitalism

The budget brinkmanship has cost the world's largest economy billions of dollars - as well...

Escobar: More shutdowns ahead as US ruled by casino capitalism

The budget brinkmanship has cost the world's largest economy billions of dollars - as well as the trust of investors around the globe. And it also sparked calls to de-americanize the world economy. For more, RT talks to Pepe Escobar, Asia Times Online roving correspondent.
FULL STORY: http://on.rt.com/kxmwnw
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RT (Russia Today) is a global news network broadcasting from Moscow and Washington studios. RT is the first news channel to break the 1 billion YouTube views benchmark.

Bernanke Lessons of First Great Depression, Survival of Casino Capitalism

CSPAN Mar 10 2009, Bernanke reviews the the mistakes made in the First Great Depression, and takes a question from Arnaud de Borchgrave about whether capitalism has failed in that it has become a casino, divorced from productive activity with social utility. Bernanke analyzes the Great Depression, but doesnt criticize the casino aspects of Credit Default Swaps that led to the current situation. It seems obvious that the financial sector is a large machine with nothing real to invest in, as the real economy has been destroyed or offshored so the financial class are left to invent artificial 'innovations' aka derivatives that sucker in investors to invst in things of no real productive value, aka financial weapons of mass destruction.

44:00

Henry Giroux on 'Zombie' Politics

In his book, Zombie Politics and Culture in the Age of Casino Capitalism, author and schol...

Henry Giroux on 'Zombie' Politics

In his book, ZombiePolitics and Culture in the Age of Casino Capitalism, author and scholar Henry Giroux connects the dots to prove his theory that our current system is informed by a "machinery of social and civil death" that chills "any vestige of a robust democracy."
This week on Moyers & Company, Giroux explains that such a machine turns "people who are basically so caught up with surviving that they become like the walking dead -- they lose their sense of agency, they lose their homes, they lose their jobs."
What's more, Giroux points out, the system that creates this vacuum has little to do with expanding the meaning and the substance of democracy itself. Under "casino capitalism," the goal is to get a quick return, taking advantage of a kind of logic in which the only thing that drives us is to put as much money as we can into a slot machine and hope we walk out with our wallets overflowing.
A cultural and social critic of tireless energy and vast interests, Giroux holds the Global TV NetworkChair in the English and Cultural StudiesDepartment at McMaster University and is a distinguished visiting professor at Reyerson University, both schools in Canada.